Moerus Capital Management LLC Trims Position in Capital Southwest Co. (NASDAQ:CSWC)

Moerus Capital Management LLC decreased its holdings in shares of Capital Southwest Co. (NASDAQ:CSWC) by 9.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 73,983 shares of the asset manager’s stock after selling 8,114 shares during the period. Capital Southwest accounts for about 0.6% of Moerus Capital Management LLC’s investment portfolio, making the stock its 14th largest holding. Moerus Capital Management LLC’s holdings in Capital Southwest were worth $1,614,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Promus Capital LLC acquired a new stake in Capital Southwest in the 4th quarter worth about $30,000. Quarry LP purchased a new position in shares of Capital Southwest during the 3rd quarter worth about $35,000. Nomura Asset Management Co. Ltd. boosted its position in shares of Capital Southwest by 243.2% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,217 shares of the asset manager’s stock worth $48,000 after acquiring an additional 1,571 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new stake in Capital Southwest in the fourth quarter valued at approximately $59,000. Finally, Rialto Wealth Management LLC acquired a new position in Capital Southwest during the fourth quarter worth approximately $105,000. Hedge funds and other institutional investors own 23.42% of the company’s stock.

Capital Southwest Stock Performance

Shares of NASDAQ:CSWC opened at $19.78 on Friday. The business has a 50-day moving average of $22.62 and a two-hundred day moving average of $23.14. The firm has a market capitalization of $1.00 billion, a PE ratio of 14.03 and a beta of 1.21. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.18 and a quick ratio of 0.18. Capital Southwest Co. has a 12 month low of $19.62 and a 12 month high of $27.23.

Capital Southwest (NASDAQ:CSWC) last posted its earnings results on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. As a group, research analysts forecast that Capital Southwest Co. will post 2.54 earnings per share for the current year.

Capital Southwest Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $0.58 dividend. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.73%. The ex-dividend date was Friday, March 14th. Capital Southwest’s dividend payout ratio is presently 164.54%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Capital Southwest from a “sell” rating to a “hold” rating in a report on Thursday.

Capital Southwest Profile

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.